Shares of SysGroup plc (LON:SYS – Get Free Report) dropped 2.8% during trading on Wednesday. The stock traded as low as GBX 34.40 and last traded at GBX 35. 132,445 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 108,399 shares. The stock had previously closed at GBX 36.
SysGroup Stock Performance
The firm has a market cap of £29.30 million, a PE ratio of -15.91 and a beta of 0.41. The stock has a 50-day moving average price of GBX 32.90 and a 200 day moving average price of GBX 22.89. The company has a debt-to-equity ratio of 22.61, a current ratio of 1.45 and a quick ratio of 0.94.
SysGroup Company Profile
SysGroup is a UK managed IT services provider serving mid-market organisations, typically with 100 to 2,000 employees. The Group delivers managed infrastructure, cloud, cybersecurity and compliance services through a single, integrated operating model, providing customers with one accountable partner for critical IT operations. Revenue is predominantly recurring, underpinned by long-term managed services contracts, with cybersecurity representing a significant and growing part of the business. Through its AI-driven MSP 3.0 operating model and disciplined buy-and-build strategy, SysGroup is focused on improving operational efficiency, expanding its capabilities and consolidating share within the fragmented UK managed services market.
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